4 Tasman Place, Waikiki WA 6169
4 Tasman Place, Waikiki WA 6169
Large block, single-level layout | pool and solar present | strong school catchment | low owner-renter split on street
This property offers a distinctive combination of a 766m² block and a single-level four-bedroom layout, which is increasingly uncommon in the suburb. The presence of a pool and solar panels adds practical appeal for a family seeking a low-maintenance lifestyle. Its positioning within the intake area of Charthouse Primary and Safety Bay Senior High strengthens the case for owner-occupiers with school-aged children. The street’s high owner-occupier ratio suggests a stable residential environment.
The building coverage at 26% leaves a substantial portion of the block unaccounted for in terms of usable outdoor space, which requires verification. The asking price sits above the suburb median, yet fair value cannot be resolved from the visible evidence alone given the property’s unique features. Confidence is reduced until the condition of the pool and solar system is independently assessed, and the precise building size discrepancy is clarified.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Tasman Place, Waikiki WA 6169
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✓
Waikiki WA 6169
Waikiki presents as a coastal suburb with strong appeal to middle-income families, evidenced by its established housing stock and high sales activity. Demand is driven by owner-occupiers, with a significant portion of households carrying mortgages, and is reflected in rapid sales and robust rental growth. Recent price trends show exceptionally strong capital growth across both houses and units, within a tight, fast-moving market. Future growth is underpinned by sustained high demand, though risks include investor affordability due to below-average yields and market sensitivity to interest rate changes.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
766m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst